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Bitcoin price retakes $80K as US stocks avoid 'Black Monday' meltdown

cryptoweekly by cryptoweekly
April 7, 2025
in bitcoin, News
0

Bitcoin appears to find its footing, rallying above $80,000 and copying stocks by bouncing back from its initial tariff-induced losses.

Bitcoin (BTC) sought a relief rally into the April 7 Wall Street open as US stocks rebounded from a 4%+ loss.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed the area around $80,000 forming a focus for BTC/USD after the pair hit five-month lows.

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Recent Posts
  • Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu
  • Institutional investors continue to scoop up Bitcoin above $100K
  • Senator Tim Scott slams partisan politics for failed stablecoin bill
  • TapSwap on Telegram: Is it legit or a scam?
  • Gemini to launch crypto derivatives in Europe with new license
  • Ethereum Foundation distributed $32.6M grants to ecosystem in Q1
  • Taiwan lawmaker calls for Bitcoin reserve at national conference

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